Taiwan Expects Its Economy
To Expand 6.73% This Year

TAIPEI, Taiwan -- Taiwan raised its growth forecast for this year, indicating its economy will continue to thrive with little inflationary pressure.

The government Friday lifted its growth outlook for gross domestic product to 6.73% from 6.54%. The revision takes into account strong growth in exports and rising domestic consumption and private investment, the Directorate General of Budget, Accounting & Statistics said. The new...